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Cryptocurrency News Articles
Dogecoin Cash (OTC: CBDS) Subsidiary MEME Coins Inc. Acquires 1 Billion DOG Tokens from Tipestry, Inc.
Mar 24, 2025 at 06:31 pm
Dogecoin Cash (OTC: CBDS) has announced that its subsidiary, MEME Coins Inc., has entered into a definitive agreement with Tipestry, Inc. to acquire 1000000000 DOG tokens.
Dogecoin Cash, Inc. (OTC: CBDS), a company focused on cannabis product development, telemedicine, and blockchain innovation, has announced that its subsidiary, MEME Coins Inc., has acquired 1 billion Dogecoin Cash (DOG) tokens from Tipestry, Inc. in a third-party acquisition.
The acquisition will see MEME Coins Inc. issuing 500,000 preferred shares of Meme Coins, Inc. stock, each with a par value of $20.00, to Tipestry, Inc. in exchange for full ownership and control of the DOG tokens. The tokens will be transferred to a dedicated digital wallet established by Tipestry for this purpose, with all access credentials and ownership rights assigned exclusively to MEME.
“This agreement marks a strategic milestone for MEME Coins Inc. and Dogecoin Cash, Inc. as a whole,” said David Tobias, CEO of Dogecoin Cash, Inc. “By securing a significant volume of DOG tokens, we are strengthening our position within the digital asset ecosystem and enhancing the long-term value proposition of our crypto portfolio.
This transaction involves no dilution to existing common shareholders of Dogecoin Cash, Inc., thereby preserving shareholder equity and maintaining the integrity of the company’s capital structure.
This is the third acquisition of $DOG, bringing our holdings up to 2,020,000,000 $DOG.”
Tipestry, Inc. has agreed to transfer all associated rights, title, and control of the DOG token wallet to MEME Coins Inc., with the exchange to be completed upon the mutual fulfillment of obligations. The agreement was executed on March 12, 2025, and is governed by the laws of the State of Colorado, with binding arbitration provisions for dispute resolution.
Dogecoin Cash, Inc. remains committed to expanding its blockchain-related initiatives and looks forward to continued innovation and collaboration across the decentralized finance landscape.
About Dogecoin Cash, Inc.
Dogecoin Cash, Inc. (OTCQB: CBDS) is a publicly traded company that owns and operates PrestoDoctor, a trusted leader in medical cannabis telemedicine. CBDS holds the first patented cannabis strain, Ecuadorian Sativa aka “CTA”, and a patented cannabis lozenge for treatment of hypertension. CBDS is developing and licensing cannabis products and has a strong focus on expanding its product portfolio to include CBD-infused wellness solutions, consumer goods, and pharmaceutical-grade formulations. The company is actively engaged in leveraging emerging digital assets, decentralized finance (DeFi) solutions, and blockchain technology to enhance its offerings and create new market opportunities.
The company's core business segments include:
Cannabis Telemedicine: Providing patients with convenient and accessible medical cannabis evaluations and certifications through PrestoDoctor's telehealth platform.
Cannabis Product Development: Specializing in the creation and licensing of unique cannabis derivatives, such as the patented hypertention lozenge and the award-winning Sativa cannabis strain 'CTA'.
Blockchain Integration: Exploring and investing in advanced blockchain solutions for diverse applications in finance, cannabis supply chain management, and data security.Dogecoin Cash, Inc. is committed to transparent and ethical business practices as it expands its footprint in the cannabis and cryptocurrency markets.
Disclaimer:info@kdj.com
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